European stocks fall to lowest level in around 4 months

(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
for site in development. See the bottom of the report for more
details)

* FTSEurofirst 300 and STOXX 600 near 4-month lows

* UBS and Credit Suisse fall on SNB capital warning

* Deutsche Bank shares briefly touch new record low

By Sudip Kar-Gupta

LONDON, June 16 (Reuters) - European stocks fell on
Thursday, with regional equity indexes dropping towards their
lowest level in nearly four months as concerns lingered over
Britain's vote next week on its European Union membership.

Both those indexes were near four-month lows and resumed a
losing streak after markets rebounded slightly on Wednesday.

Shares in UBS and Credit Suisse fell more
than 2 percent, after the Swiss National Bank (SNB) said those
two banks would likely each need to raise an extra 10 billion
Swiss francs ($10.4 billion) in capital to meet new leverage
requirements.
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